Tenaris
199 hedge funds and large institutions have $3.02B invested in Tenaris in 2018 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 58 increasing their positions, 57 reducing their positions, and 22 closing their positions.
73% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 22
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
7% more funds holding
Funds holding: 186 → 199 (+13)
9% more call options, than puts
Call options by funds: $12.2M | Put options by funds: $11.1M
3% more capital invested
Capital invested by funds: $2.92B → $3.02B (+$95.1M)
2% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 57
0.13% less ownership
Funds ownership: 7.15% → 7.02% (-0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$252M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$93.1M |
| 3 |
Lazard Asset Management
New York
|
+$57.1M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$48.1M |
| 5 |
Renaissance Technologies
New York
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$185M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$128M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$90.6M |
| 4 |
Millennium Management
New York
|
-$43.2M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$31.6M |
TS Hedge Fund Activity: Q2 2018 in Review
199 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q2 2018, worth a combined $3.02B — up 3.3% from $2.92B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TS positions and 22 closed out — a net gain of 16 holders — while 58 added to existing stakes and 57 trimmed.
The largest buyer was Egerton Capital (UK), opening a new position worth an estimated $252M. The largest seller was Aberdeen Group, cutting an estimated $185M.
- 199 institutional investors held Tenaris (TS) as of Q2 2018, up from 186 in Q1 2018.
- Funds reported $3.02B of Tenaris stock for Q2 2018, up 3.3% quarter-over-quarter.
- 38 funds opened new Tenaris positions in Q2 2018 and 22 closed out, a net change of +16 holders.
- The largest Tenaris buyer in Q2 2018 was Egerton Capital (UK), an estimated $252M added.
- The largest Tenaris seller in Q2 2018 was Aberdeen Group, an estimated $185M sold.
Based on aggregated 13F filings for Q2 2018.